Japan’s turmoil – update
The high radiations continue to rise and spread in Japan as reported by CNN, due to the nuclear meltdown in the nuclear reactor in Fukushima. There is a Q&A report in CNN that present the main address the recent nuclear crisis and shed some light on this matter.
The recent disaster in Japan made many people rethink the usage of nuclear power and the peril in using it. Roughly 16% of the world’s electricity is generated by Nuclear power.
There is an interactive map of number of nuclear power reactors worldwide in the Huffington Post. It claimed that around
According to Japanese officials, early estimates of the damage done by the tsunami and earthquakes are at over 300 billion US dollar.
Current crude oil prices
US markets are showing moderate falls in major oil prices:
The Nymex crude oil price, short term futures (April 2011 delivery) is traded at 104.31 USD / barrel, a 0.48 USD/b decrease or 0.46%, as of 20.58*.
The Dated Brent spot crude oil is at 115.17 USD / barrel – a 0.31 USD/ barrel decrease as of 21.09*.
For more on this subject:
- Japan’s energy outlook – March 2011
- Gold & Silver Prices Outlook –29 March
- Crude oil prices outlook – 30 March